Adjusting entries always include c. at least one income statement account and one balance sheet account.
What is Adjusting entries?Adjusting entries can be described as those changes that is been made on the journal entries that have already been recorded.
This is usually done so as to make sure that the numbers that have been recorded match up to the correct accounting periods.
It should be noted that Journal entries is been used to track how money moves as well as how it enters the business, hence Adjusting entries always include c. at least one income statement account and one balance sheet account.
Therefore, option C is correct.
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True or false: a contra-asset account, such as accumulated depreciation, will have a normal debit balance.
This problem is false statement. as contra-asset account, such as accumulated depreciation, will have a normal debit balance
What is accumulated depreciation?
Any collection of activities and procedures utilized during the manufacture of any items constitutes a manufacturing system. Businesses have evolved a number of diverse systems and procedures over time, but they have grown in significance as a component of any production environment.
Therefore,
This problem is false statement.
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The fed's strategy of increasing the money supply and lowering interest rates in order to increase real gdp is called?
A strategy known as Expansionary Monetary Policy is a method Fed uses to increase money supply and lower interest rates in order to increase the real GDP.
As a result of expansionary monetary policy, consumer consumption, stakeholder investments, and net exports will likely all rise.
Due to their desire to boost or increase the real GDP, the government purchases will not ramp up under this strategy. When real GDP is significantly greater than potential GDP and the price level is soaring, the government would want the economy to contract.
Actually, if the Fed takes too long to respond to a global recession or a market crash and only implements the strategy called expansionary monetary once the economy starts to rebound, inflation will be twice as high than if the government had not intervened at all.
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A neighborhood where the most likely buyer for properties will be investors is an indication that the neighborhood is in the ___________ phase of its life cycle.
A neighborhood where the most likely buyer for properties will be investors is an indication that the neighborhood is in the Decline phase of its life cycle.
What is Decline Stage?
A decline is a fall or drop, and the decline stage of the product life cycle reflects behavior that is similar for products. When a product disintegrates as a result of slowing down or experiencing negative growth, it enters the decline stage of its life cycle. The strength for the product's success up to this point came from the introduction and growth stages, and with most items, the fall stage is brought on by reduced demand, which ultimately arises from new inventions and technological breakthroughs. The company's profitability will drop until it becomes uneconomical to manufacture and sell the product, at which point manufacturing will stop.
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The section of the business plan that is designed to initially captivate and energize a potential financial investor would be the.
The section of the business plan that is designed to initially captivate and energize a potential financial investor would be the Executive summary.
A chief outline is a short report or segment of a record delivered for business purposes. It sums up a more drawn out report or proposition or a gathering of related reports so that perusers can quickly get to know a huge collection of material without perusing everything.5 Significant Pieces of a Chief SynopsisProject Outline. Foundation.Process.Results and Ends.SuggestionTo learn more about Executive summary, click the links.
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The invention of printing, especially the gutenberg press, took place in europe, and it eventually influenced printing in asia.
a. true
b. false
FALSE. The invention of printing, especially the Gutenberg press, took place in Europe, and it eventually influenced printing in Asia.
For the first time in Europe, mass production of books at a low cost was made possible by Johannes Gutenberg's type of automated printing press in the 15th century.
The dissemination of knowledge, scientific advancements, and literacy in Renaissance Europe were accelerated by Johann Gutenberg's invention of movable type printing. The Protestant Reformation, which divided the Catholic Church, was greatly aided by the printing revolution.
FALSE. The invention of printing, especially the Gutenberg press, took place in Europe, and it eventually influenced printing in Asia.
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belkin incorporated has 100,000 shares of $3 par value common stock outstanding. belkin declares a 40% stock dividend on march 2 when the stock’s market value is $72 per share. prepare the journal entry for declaration of the stock dividend.
Upon declaration of stock dividend, Belkin Inc. must record the following journal entries as follows:
Journal entry :
1. Retained Earnings (100,000 shares x 40% x $72) Dr. $2,880,000
To Common Stock Dividend Distributable $2,880,000
2. Common Stock Dividend Distributable Dr. $2,880,000
To Common Stock (100,000 shares x 40% x $3) $120,000
To Additional Paid-in Capital $2,760,000
(100,000 shares x 40% x ($72 - $3)
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Any purchased materials that will go into the finished product are first recorded in the inventory account. True or false?.
TRUE, any purchased materials that will go into the finished product are first recorded in the inventory account.
A product is an item presented for sale. A by-product can be a carrier or an object. it can be bodily or in virtual or cyber form. every derivative is made at a cost and each is sold at a price. The fee that may be charged relies upon available on the market, the pleasant, the advertising and marketing and the section this is targeted.
A derivative is any object or provider you sell to serve a consumer's need or want. They can be bodily or digital. bodily merchandise encompasses long-lasting items (which includes cars, fixtures, and computers) and nondurable goods (which include food and beverages).
something produced in a general commercial or biological process in addition to the primary by-product Sulfured molasses is of sugar refining.
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The tyranny of the contemporary is best described as a(n) _____________ collective action problem.
The tyranny of the contemporary is best described as a(n) intergenerational collective action problem.
What entails the tyranny of the contemporary?Generally, the central component of the perfect moral storm is the threat of a tyranny of the contemporary, as observed that, the collective action problem in which ancient generations exploit the future by taking modest benefits for themselves now while passing on potentially catastrophic costs later.
Therefore, we will conclude that tyranny of the contemporary is best described as an intergenerational collective action problem because they create a costly mistake and cost for the upcoming generation knowingly or unknowingly.
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In markov analysis, the likelihood that any system will change from one period to the next is revealed by the?
In Markov analysis, the likelihood that any system will change from one period to the next is revealed by the Matrix of transition probabilities.
What is the Matrix of transition probabilities?
In a Markov chain model, the transition probabilities between different states are arranged as a matrix (MCM). The behavior of the MCM in the far future is one of the important studies on the MCM.
The probabilities of changing from one state to another within a single time unit are provided by the state transition probability matrix of a Markov chain. The idea of extending this over longer time periods will be helpful.
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Based on rankings by forbes in 2003, the second-largest source country of multinational enterprises was _____.
Japan was the second-largest source country of multinational enterprises based on rankings by Forbes in 2003. At that time, Japan has 331 multinational enterprises. The first position was US with 776 multinational enterprises and third position was UK with 132 multinational enterprises.
A multinational company is a company that does business in many countries; these companies are usually very large. These businesses have branches, offices, and factories spread across numerous nations. Global management is typically coordinated from a central office. Very large international firms have access to funds that are separate from those of numerous nations. Due to their considerable economic clout as politicians and vast financial resources for political lobbying and public relations, they can have a significant impact on world affairs.
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The use of traditional business marketing concepts and tools to create behaviors that will benefit individual and societal well-being is called ________ marketing.
The use of traditional business marketing concepts and tools to create behaviors that will benefit individual and societal well-being is called " "traditional marketing".
What is traditional marketing?Traditional marketing includes any form of advertising or outreach that is not related to digital media.
Some key features regarding the traditional marketing are-
To remain competitive in today's world, the vast majority of established large and small companies employ a hybrid of both traditional and digital marketing strategies.Traditional marketing was the sole type of marketing that occurred before the invention of the internet and its rapid ubiquity throughout culture. If you've ever given someone a business card, paid for a print advertisement, or even advocated for your company in person, you've engaged in traditional marketing. The primary distinction between traditional and online marketing is that the former does not employ digital channels for outreach, whereas the latter does.To know more about the traditional marketing, here
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In mid-2012, ralston purina had aa-rated, 10-year bonds outstanding with a yield to maturity of:_____.
Ralston Purina had AA-rated, 10-year notes with a yield to maturity of 1.96% outstanding in the middle of 2012.
Bonds are fixed-income securities that reflect loans from investors to borrowers typically corporate or governmental. A bond can be compared to an agreement outlining the terms of the loan and the associated payments between the lender and borrower. Companies, municipalities, states, and sovereign governments utilize bonds to finance operations and initiatives. Bondholders are the issuer's debtors or creditors. Bond specifications typically include the terms for variable or fixed interest payments made by the borrower, as well as the end date by which the principle of the loan is expected to be paid to the bond owner.
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The primary challenge of virtual team meetings, as reported by professionals in virtual teams, is?
Professionals working in virtual teams claim that the main difficulty with virtual team meetings is the lack of time for relationship-building.
A virtual team, often referred to as a geographically dispersed team, distributed team, or remote team, is a group of people that work together remotely and rely on communication tools like email, instant messaging, and audio and video conferencing services to interact.
The phrase may also be used to describe teams or groups who collaborate asynchronously or across organizational levels. Virtual teams are described by Powell, Piccoli, and Ives (2004) as "groups of geographically, organizationally, or time dispersed workers brought together by information and telecommunication technology to complete one or more organizational tasks."
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Effective marginal tax rate do not include? a. social security and medicare taxes b. mortgage payments
The effective marginal tax rate does not include b. mortgage payments.
Marginal tax rate refers to the supplementary amount of tax paid for every additional dollar earned as income. The total tax paid by total income earned gives the average tax rate. For the United States, the marginal tax rate increases as income rises. This system is termed the progressive taxation system. These marginal tax rates are separated by income levels into seven tax brackets.
The marginal tax rate demonstrates the tax rate which is applicable for all the brackets of income of a taxpayer. Marginal tax rate knowledge is very significant for financial planning.
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Suppose+that+$2700+is+deposited+in+an+account+that+earns+4%+interest.+how+much+is+in+the+account+(a)+after+5+years?+(b)+after+10+years?+(c)+after+20+years?+(d)+after+50+years?+(e)+after+100+years?
As P= $2700 and R = 0.04
With Simple Interest: the formula to calculate payment in it after n years is = P + (P*R*N) / 100
a) After 5 years = 2700 + 2700 * 0.04 * 5 = 3240
b) After 10 years = 2700 + 2700 * 0.04 * 10 = 3780
c) After 20 years = 2700 + 2700 * 0.04 * 20 = 4860
d) After 50 years = 2700 + 2700 * 0.04 * 50 = 8100
e) After 100 years = 2700 + 2700 * 0.04 * 100 = 13500
With Compound Interest: the formula to calculate payment in it after n years is = P * ( 1 + R / 100) ^ n
a) After 5 years = 2700 (1.04)^5 = 3284.96
b) After 10 years = 2700 (1.04)^10 = 3996.65
c) After 20 years = 2700 (1.04)^20 = 5916.03
d) After 50 years = 2700 (1.04)^50 = 19188.04
e) After 100 years = 2700 (1.04)^100 = 136363.36
What is simple interest?Simple interest is a quick and simple formula for figuring out how much interest will be charged on a loan. The daily interest rate, the principle, and the number of days between payments are multiplied to calculate simple interest.
Although some mortgages employ this calculation approach, this kind of interest typically relates to auto loans or short-term loans.
When you make a payment on a loan with simple interest, the money first goes toward the interest for that month and the rest is applied to the principal. Interest never builds up because it is always paid in whole each month. Compound interest, on the other hand, adds some of the monthly interest back onto the loan; each month after that, you pay new interest on the previous month's interest.
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Managing a supply chain is a fairly simple task. activities occur sequentially, customers know what they need, and the companies involved share common goals.
a. true
b. false
False. Managing a supply chain is a not fairly simple task. Activities occur sequentially, customers know what they need, and the companies involved share common goals is a hard things to do. Especially in the field of management which we will be more required to understand for humans than anything else.
Supply chain management is a coordinated system consisting of organizations, human resources, activities, information, and other resources that are involved together in moving a product or service either in physical or virtual form from a supplier to a customer. The goal to be achieved from each supply chain is to maximize the value and profit generated as a whole. An integrated supply chain will increase the overall value generated by the supply chain.
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Because economic resources are used to produce goods and services, they are called:______
Economic resources are referred to as factors of production because they are employed in the production of products and services.
The resources that make up the economy's foundation and that people employ to produce commodities and services are known as the factors of production. Land, labor, capital, and entrepreneurship are the four groups into which economists divide the components of production.
What makes production elements so crucial?
The overall productivity potential of a given economy is comprised of the factors of production as a whole. Economists and decision-makers can assess an economy's potential, make predictions, and develop policies to increase productivity by being aware of their relative accessibility and availability.
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What is the amount of fringe benefits that should be included in linda and richard's gross income on their 2020 tax return?
$850 as a employers voucher is the amount of fringe benefits that should be included in linda and richard's gross income on their 2020 tax return.
What is Fringe Benefits ?
Fringe benefits are extras that businesses provide their employees on top of their salaries. Some firm fringe perks are provided to every employee, while others could be reserved for executives exclusively. Some perks are given to employees to cover expenses associated with their jobs, while others are focused on overall job satisfaction.
In any event, organizations use fringe benefits to aid in the attraction, encouragement, and retention of top talent.
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If you sell 100 shares of general electric common stock, this transaction takes place in:____.
If you sell 100 shares of general electric common stock, this transaction takes place in the secondary capital market.
What is secondary capital market?After a corporation has sold all of its securities in the main market, trading in securities takes place on the secondary market. It's also known as the stock market. Secondary markets include Nasdaq, the London Stock Exchange, and the New York Stock Exchange (NYSE).What is mean by shares?A share is a unit used by real estate investment trusts, limited partnerships, and mutual funds in the financial markets. All of a company's shares are referred to as its share capital. A shareholder of the corporation is someone who owns shares in the company. The shareholders have an equal claim on the company's profits and losses with each share they own. Generally speaking, there are two types of shares: equity shares and preference shares.Learn more about shares here:
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When kraft focused on cost cutting with its older, established brands, leaving them to wither without much investment or modification, kraft decided to ________ the older products.
When kraft focused on cost cutting with its older, established brands, leaving them to wither without much investment or modification, kraft decided to Harvest the older products.
In order for the parties concerned to reap—or, harvest—the most possible profits, a harvest strategy is a marketing and business plan that entails a reduction or termination of investments in a product, product line, or line of business. When it is judged that additional investment won't increase product income in the future, a harvest plan is often used toward the conclusion of a product's life cycle.
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As compared to a cash account, margin accounts have? a greater volatility b less volatility c greater leverage d less leverage
As compared to a cash account, margin accounts have a greater leverage than cash accounts as a portion of the purchase price is borrowed.
In an investing world, a margin account is a unique type of brokerage account which allows the account holder to buy securities using the debt. Thus, here there are rules which specifies the maximum amount of debt and the corresponding margin which is required.
Margin accounts tend to have greater leverage than cash accounts. They also have the same price volatility as cash accounts. Margin accounts tend to involve the use of debt (leverage),whereas, cash accounts do not.
Hence, option C is correct.
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Expenses to promote sales by displaying and advertising merchandise, make sales, and deliver goods to customers are known as:__________
Promotion are expenses to promote sales by displaying and advertising merchandise, make sales, and deliver goods to customers.
This is the most important part of sales and marketing where promotion and advertisement go hand in hand. It is done prior the final sales and production process planning.
By giving out merchandise for free this is the sales technique that producer choose to cater and let consumer use the goods so that it can buy it the next time for sure.
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As interest rates rise, bond prices fall, and as interest rates fall, bond prices rise. Because interest rate changes are uncertain, this premium is added as a compensation for this uncertainty.
Because changes in interest rates are uncertain, this premium is added to compensate for this uncertainty MRP (maturity risk premium)
One of the main principles to keep in mind when investing in bonds is that bond prices move in the opposite direction to interest rates and bond yields. As an investment product, bonds have a price. The price may change, increase or decrease, due to various factors. One of the factors that influence the price is the interest rate. Changes in interest rates will also be followed by changes in yield. Yield is the yield expected by bond investors within one year. Yield will usually be expressed as a percentage.
In relation to a number of these concepts, if interest rates increase, bond prices will fall, and vice versa. In line with this, if bond prices fall, bond yields will increase. This relationship is known as interest rate risk or one of the risks faced by bond investors.
This inverse relationship between interest rates and bond prices can be compared to a seesaw that is usually played in a kindergarten or public park. When one side of the board goes up, the other side of the board goes down. On the other hand, as the price increases, the yield or level of profit that bond investors will get from bond X until maturity will decrease.
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During an evacuation it is imperative that the employer gives someone the task of?
During an evacuation, it is imperative that the employer gives someone the task of accounting for all the employees.
Whenever we have identified the task of all the possible sources of an emergency situation then there the next step is to create a detailed response and major evacuation plans that will be describing how employees will respond to each upcoming specific hazard. These procedures should be taken the layout as well as the structural features of the workplace into account along with many automated emergency systems which we may install.
Employers who own responsibility and operate more than one worksite should be creating a separate EAP for each location to ensure that every evacuation routes are accurate and in up-to-date condition. Remember that emergency preparedness is an ongoing process and it is why employers should be continuously reviewing the response plans and updating their policies if the identification of new hazards takes place.
We may want to consider the designation of an assembly location and those procedures after an evacuation to account for all employees. A secured on- or offsite location is enabled to store either originals or duplicate copies of accounting records, legal documents, emergency contact lists, and other essential records.
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Because common shareholders are entitled to the profits that remain after all of a corporation's other obligations have been met, common shareholders are known as:________
Because common shareholders are entitled to the profits that remain after all of a corporation's other obligations have been met, common shareholders are known as Residual owners.
What does Shareholders means?A shareholder (in the US frequently alluded to as investor) of a company is an individual or legitimate substance.
A body politic, a trust or organization) that is enlisted by the partnership as the lawful proprietor of portions of the offer capital of a public or confidential partnership. The impact of a shareholder on the not entirely set in stone by the shareholding rate claimed. Shareholders of a company are legitimately isolated from the actual enterprise.
They are for the most part not at risk for the organization's obligations, and the shareholders' responsibility for organization obligations is supposed to be restricted to the neglected offer cost except if a shareholder has offered ensures. The company isn't expected to record the helpful responsibility for shareholding, just the proprietor as recorded on the register.
Therefore Shareholders might have procured their portions in the essential market by buying into the Initial public offerings.
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The number of units of developing country currency required to purchase a basket of goods and services in a developing country that costs one dollar in the u.s. is given by:_________
The number of units of developing country currency required to purchase a basket of goods and services in a developing country that costs one dollar in the US is given by Purchasing power parity. Thus the correct option is C.
What is Service?Services are referred to as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.
When a country's money is convertible into another country's currency, the number of products and services that can be purchased in each country at the same price is equal. This is known as purchasing power parity.
So, Purchasing power parity determines how many units of an emerging country's currency are necessary to purchase a basket of products and services in that country that cost one dollar in the United States.
Therefore, option C is appropriate.
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The complete question is
he number of units of developing country currency required to purchase a basket of goods and services in a developing country that costs one dollar in the U.S. is given by?
a. GNI price deflator.
b. Human Development Index ranking.
c. Purchasing power parity.
d. The exchange rate.
Which purchase situation is most likely a low involvement purchase for the consumer?
Tyrone is buying a cup of coffee at the corner coffee shop, which he does most days.
This is further explained below.
What is a consumer?Generally, The process through which a company or other organization acquires the products or services it needs to meet its objectives is known as purchasing.
Even though there are various organizations that make an effort to provide standards for the buying process, individual firms' procedures might be quite different from one another.
A person or group is considered to be a consumer if they intend to order, do order, or use purchased goods, products, or services primarily for personal, social, family, household, and similar needs that are not directly related to entrepreneurial or business activities.
Consumers can be individuals or groups.
In conclusion, Tyrone is doing what he does almost every morning, which is going to the coffee shop on the corner and purchasing a cup of coffee.
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The financial reporting for private not-for-profit entities primarily focuses on:_______
The financial reporting for private not-for-profit entities primarily focuses on the basic information for the organization as a whole.
Financial reporting involves the process of communicating and documenting the financial activities and performance over the specific time periods, which is usually on a quarterly or yearly basis. Organizations use financial reports to organize accounting data and report on the current financial status of an organization.
So the financial reporting for private entities which are not-for-profit, primarily focuses on the basic information for the organization as a whole.
Hence, such non-profit entities are required to submit their financial statements and other information as well.
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An action item list refers to an aid to implement a marketing plan that consists of four columns, including which of these?
Answer:
action plan
power point
why the pattern of employment in a country may change over time？（essay question）
Answer:It would most likely change overtime because technology is being advanced.
Explanation:
